Chesapeake Lodging Trust (NYSE:CHSP)‘s stock had its “hold” rating reissued by equities research analysts at Deutsche Bank AG in a report released on Tuesday. They presently have a $22.00 price objective on the real estate investment trust’s stock, up from their prior price objective of $21.00. Deutsche Bank AG’s target price suggests a potential downside of 13.35% from the stock’s current price.

A number of other research analysts have also recently commented on CHSP. TheStreet cut Chesapeake Lodging Trust from a “b-” rating to a “c+” rating in a research report on Tuesday, May 30th. Zacks Investment Research upgraded Chesapeake Lodging Trust from a “sell” rating to a “hold” rating in a research report on Thursday, April 27th. BidaskClub upgraded Chesapeake Lodging Trust from a “hold” rating to a “buy” rating in a research report on Friday, June 16th. Finally, Robert W. Baird restated an “outperform” rating and issued a $27.00 price target (up previously from $26.00) on shares of Chesapeake Lodging Trust in a research report on Friday, June 16th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Chesapeake Lodging Trust has a consensus rating of “Buy” and an average price target of $25.25.

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Shares of Chesapeake Lodging Trust (NYSE CHSP) traded up 0.532% during midday trading on Tuesday, reaching $25.525. 117,082 shares of the company’s stock traded hands. The stock has a market cap of $1.51 billion, a price-to-earnings ratio of 23.460 and a beta of 1.13. Chesapeake Lodging Trust has a 52-week low of $20.81 and a 52-week high of $27.08. The stock has a 50 day moving average of $23.99 and a 200-day moving average of $24.55.

Chesapeake Lodging Trust (NYSE:CHSP) last posted its quarterly earnings data on Tuesday, April 25th. The real estate investment trust reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.05. The firm had revenue of $134.90 million for the quarter, compared to analysts’ expectations of $132.06 million. Chesapeake Lodging Trust had a return on equity of 6.07% and a net margin of 11.77%. The company’s quarterly revenue was down 4.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.44 EPS. On average, equities research analysts expect that Chesapeake Lodging Trust will post $0.79 EPS for the current year.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CHSP. Vanguard Group Inc. boosted its position in Chesapeake Lodging Trust by 1.4% in the first quarter. Vanguard Group Inc. now owns 9,753,885 shares of the real estate investment trust’s stock worth $233,703,000 after buying an additional 131,144 shares in the last quarter. BlackRock Inc. boosted its position in Chesapeake Lodging Trust by 9,194.7% in the first quarter. BlackRock Inc. now owns 8,553,639 shares of the real estate investment trust’s stock worth $204,947,000 after buying an additional 8,461,612 shares in the last quarter. Morgan Stanley boosted its position in Chesapeake Lodging Trust by 31.2% in the first quarter. Morgan Stanley now owns 3,579,698 shares of the real estate investment trust’s stock worth $85,770,000 after buying an additional 851,341 shares in the last quarter. State Street Corp boosted its position in Chesapeake Lodging Trust by 7.2% in the first quarter. State Street Corp now owns 2,279,502 shares of the real estate investment trust’s stock worth $54,617,000 after buying an additional 153,511 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Chesapeake Lodging Trust by 38.7% in the first quarter. Bank of New York Mellon Corp now owns 2,109,060 shares of the real estate investment trust’s stock worth $50,534,000 after buying an additional 588,831 shares in the last quarter. Hedge funds and other institutional investors own 97.53% of the company’s stock.

About Chesapeake Lodging Trust

Chesapeake Lodging Trust is a real estate investment trust. The Company is focused on investments primarily in upper-upscale hotels in various business and convention markets and, on a selective basis, select-service hotels in urban settings or other locations in the United States. The Company operates through the hotel ownership segment.